It is not “who” Dubai will smuggle into the stock exchange we should worry about. It’s the arrival of the world’s first Islamic stock exchange exerting unprecedented Islamic influence in the heart of the U.S. and Western economies that should raise our alarm. Dubai’s handsomely paid Washington lobbyists see nothing wrong with that. Rather, they claim the deal benefits U.S. financial markets, giving “Nasdaq access to rich Mideast pockets.” Unfortunately, the deal also increases the appeal and influence of Islamic financing in the West.